Westfield Chermside

  • Chermside

  • Chermside

  • Chermside

  • Chermside

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Westfield Chermside

Westfield Chermside, located approximately 10 kilometres north of the Brisbane CBD, is one of the strongest performing assets within the Scentre Group portfolio. The centre caters to a sizeable trade area population of more than 780,000, a figure that represents approximately 32% of Brisbane’s population.

Westfield Chermside is home to some of Australia’s favourite retailers including David Jones, Myer, Harris Scarfe, Big W, Kmart, Target, Coles, Woolworths and Apple. The centre also boasts an Event Cinemas complex and a broad mix of retailers including approximately 135 apparel, footwear and accessories stores.

A $355 million redevelopment was completed in mid-2017, making Chermside the largest centre in the Scentre Group portfolio through the creation of an additional 33,000 square metres of retail space. Approximately 95 new stores were added to the retail mix, including Brisbane’s first Sephora, H&M, Zara, Uniqlo and a host of other local and international brands. A new leisure and dining precinct, set in a resort-style landscape, features a selection boutique cafes and al fresco restaurants and has quickly become one of the city’s most attractive dining destinations.

In 2017, the total retail spend in the Westfield Chermside Total Trade Area was estimated at $11.1 billion while the total retail spend in the Main Trade Area was estimated at $4.5 billion. The total annual retail spend per capita is estimated at $14,324 for the Main Trade Area, which is 6% above the Brisbane Metro average ($13,563). This is broadly in line with the Sydney and Melbourne Metro averages ($14,609 and $14,247 respectively).

Westfield Chermside’s Main Trade Area average household income* in 2016 was $104,370 per annum, which is 4% above the Brisbane Metro average ($100,034), with 21% of households earning more than $156,000. The area also has a high proportion of workers who are managers or other white collar workers (76%) compared to the Brisbane Metro average of 70%.


 
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KEY STATS AND FIGURES

DISCLAIMER AND SOURCES

Sources:        Urbis; ABS (incl. Census 2016); and Quantium Market Info (Quantium Market Blueprint®  information sourced from NAB transactions representing 10%-15% of the market which is weighted using the ABS 2011 Census to be demographically and nationally representative of the Australian market). Refer to applicable Westfield Centre Trade Area Maps for further trade area information.
Disclaimer:    The portfolio information on this webpage is produced by Scentre Shopping Centre Management Pty Ltd ACN 000 712 710 and its related bodies corporate, as applicable (Scentre Group). The information is provided in good faith and is believed to be correct as at February 2018.  The information does not constitute any offer, warranty or representation as to the profitability of the Centre or any premises.  You should make your own enquiries and obtain your own legal, business and financial advice about your participation in the Centre and you must satisfy yourself as to the correctness of the information set out on this webpage before acting on it.  Any forward looking statements on this webpage are not assured or guaranteed and may be affected by a number of unforeseen circumstances.  The extent of any redevelopment and its timing may change dependent on a range of issues.  Any retailers, location of tenancies, depiction of usage or category of retailers represented are for illustrative purposes only and do not constitute any representation as to the final tenancy mix of any redevelopment or otherwise.  Neither Scentre Group, the lessor, nor any of their related bodies corporate will be liable or otherwise responsible for any loss or damage (whether from negligence or otherwise) suffered as a result of any decision that you may make to act on the information contained in this presentation.

LEASING CONTACTS
Helen Blazey

Leasing Executive, Leasing

498131244

Email
Isaac Curgenven

Leasing Executive, Kiosks, Leasing

0400 557 040

Email
Ryan Drayton

Leasing Executive, Leasiing

413464747

Email
Jock Murray

Leasing Executive, Leasing

0438 601 982

Email
Marcel Sultan

Regional Manager, Leasing

0421 144 017

Email
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CENTRE LOCATION
Cnr Gympie & Hamilton Rds
Chermside/Brisbane, QLD 4032

(07) 3117 5300

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